Cost Optimization Solutions for FinOps (Part 2)

Overview

This course was developed by members of AWS Technical Field Communities (TFC), an AWS community of technical experts. The content is intended to complement our standard training curriculum and augment your AWS learning journey.

Syllabus

• Introduction to FinOps and Cost Optimization
Review of FinOps fundamentals
Importance of cost optimization in cloud computing
• Advanced Cost Management Tools
AWS Cost Explorer deep dive
Using AWS Budgets effectively
AWS Cost and Usage Reports (CUR)
• Optimization Strategies
Rightsizing and resizing resources
Utilizing Reserved Instances and Savings Plans
Spot instances and their strategic use
• Automation and Governance
Implementing cost optimization automation with AWS Lambda
Governance best practices for cost allocation and tagging
• Advanced Business Metrics
KPIs for cloud financial management
Monitoring and reporting for cost efficiency
• Case Studies and Real-world Scenarios
Analyzing successful cost optimization implementations
Lessons learned from industry leaders
• Integration with Non-AWS Tools
Third-party tools for enhancing AWS cost optimization
Using APIs for custom solutions
• Future of FinOps and AI Integration
Trends in AI for predictive cost management
Machine learning models for cost forecasting
• Hands-on Labs
Interactive exercises with AWS tools
Practical implementation of learned concepts
• Conclusion and Next Steps
Recap of key concepts
Resources for further learning and certification paths

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Subjects

Programming